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Fill in the blanks to complete the following statements.
__________________ antibiotics inhibit the replication of microorganisms and prevent the growth of the organism without destroying them.
Immunization
A strategy used in fixed income to shield a portfolio from interest rate fluctuations by aligning the durations of assets and liabilities.
Duration Matching
Duration matching is an investment strategy used to minimize the interest rate risk by matching the duration of assets and liabilities, ensuring changes affect both sides similarly.
Yield Curve
A graph showing the relationship between bond yields and their maturity dates, commonly used to predict economic changes.
Price Volatility
Refers to the degree of variation in the price of a financial instrument over time, indicating the risk or uncertainty of its value change.
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